In a lot of ways, this part of your life represents an era of carefree wonder mixed with a daily grind.  Professionally, you have bills to pay and your new-to-the-work-force job might not be paying you what you were hoping for. Personally, you may think that you are too young for traditional roles and responsibilities of older adults like your parents. However, just because it’s decades away, this doesn’t mean you should ignore saving for your retirement.

At this stage of life, you can invest little and dream big, because you have the most important tool in an investor’s toolbox: time. Saving even a little money early in life can really add up as additional decades allow that money to compound (when your money starts making its own money in a snowball effect).

Our own Katie Junk wrote a fantastic describe where you should mentally be whether retirement is 40 years away or just 1. Each of those milestones has been posted as it’s own blog and posted right here on our website: SweeneyMichel.com/blog or read below on the road to retirement:

40 years out

20 years out

10 years out

5 years out

Retiring within a year

Check it out and let us know what you think!